Our Simple 3-Step Financing Process
At Eclipse Financing, we make the financing process easy and straightforward, so you can focus on building your business. Whether you’re financing a self-storage facility or a boat/ RV storage project, we guide you through every step to ensure timely approvals and clear communication.
Step 1: Application Submission
Start by filling out our simple [online application]. Provide basic information about your project, and we’ll outline your financing options, including terms, interest rates, and repayment schedules as applicable.
- After submittal we complete our initial underwriting.
- We may submit a list of additional questions that we need answer on before proceeding.
- You provide those answers
- We provide a preliminary approval / range of terms.
Step 2: Approval & Terms Review
Once you’ve accepted your pre-approval, our team works closely with you to customize terms that suit your project’s timeline and financial needs. We will also fully underwrite the project and ensure the pre-approval information submitted matches.
- Next a full feasibility study needs to be conducted.
- We will visit the site to review in person.
- We complete our underwriting document “Credit Approval Memorandum (CAM)” and share it with you.
- You review and approve the CAM
- We provide a master lease for your review and execution with final lease terms.
Step 3: Financing & Project Execution
Upon approval, we’ll work with your team to start implementing your financial plan. You can then begin your project with confidence, knowing your financing is secured.
- We sell the solar storage units and/or canopies that will be placed on your host site and leased to you.
- Estimated installation date set.
- Production and installation of solar storage units and/or canopies
- You use the solar storage units and/or canopies in your ongoing business